nterest also is the second attempt Geithner stop dollar's sharp fall. In an article in the Wall Street Journal, he repeated that the depreciation of currencies - is not the way to success, and that the majority of currencies "about their levels at the moment." He refuted the hypothesis that the form of fresh currency chord may be agreed between the finance ministers of G20 in the near future. Geithner has promised to end the week on the G20 to start the discussion of "norms" monetary policy, arguing that "now there is no common sense, that is honest." This will cause a "heated debate", because China and other Asian economies, will insist that the U.S. specifically reduces the rate of its currency.
Thursday, October 21, 2010
The next attempt of Gejtner to stabilize dollar falling
nterest also is the second attempt Geithner stop dollar's sharp fall. In an article in the Wall Street Journal, he repeated that the depreciation of currencies - is not the way to success, and that the majority of currencies "about their levels at the moment." He refuted the hypothesis that the form of fresh currency chord may be agreed between the finance ministers of G20 in the near future. Geithner has promised to end the week on the G20 to start the discussion of "norms" monetary policy, arguing that "now there is no common sense, that is honest." This will cause a "heated debate", because China and other Asian economies, will insist that the U.S. specifically reduces the rate of its currency.